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Suffering a cyberattack is a company’s worst nightmare, and it’s becoming a much bigger problem for many organizations. Cybercriminals are increasingly using ransomware to hold systems, applications, and data hostage in exchange for a large sum of money, forcing business leaders to decide – is it worth paying? Smartwatch manufacturer Garmin recently faced this decision and decided to pay to recover their systems following days-long outages. This potentially created new issues for them. In 2019, the U.S. Treasury’s office of Foreign Assets Control took action against Evil Corp – the ransomware gang Garmin paid to restore its systems and data…

ABOUT THE AUTHOR

Sam Roguine

Sam Roguine is a backup, DR, and ransomware prevention evangelist at Arcserve with more than 15 years of experience in business continuity and disaster recovery. Prior to joining Arcserve, Roguine was a product marketing director at Acronis.

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